EDCO Ventures - Economic Development Agency

EDCO Ventures

Economic Development Agency | Austin, TX, United States
www.edcoonline.org
EDCO Ventures - Economic Development AgencyTeofilo Tijerina
Executive Director
EDCO Ventures - Economic Development AgencyLaura Bosworth
General Manager

EDCO Ventures - Ideal Startup Investment

EDCO Ventures is a 501(c)(3) non-profit creating great jobs and innovative companies in economically disadvantaged regions. EDCO seeks partnership in very early phase start-ups and is interested in assisting the founder to launch their endeavor. EDCO also provide pre-seed founding. The following criteria is used for qualifying an engagement:

· Job Generation and Location: Capable of employing at least 100 individuals in 5 years with primary location in economically underrepresented regions. EDCO is predominantly working along the Texas Border with Mexico and Central Texas, check this link for any updates (http://edcoonline.org/programs)

· High Growth: Capable of capturing 10% of their market share in a minimum market size of $500 million, within 5 years

· Market: Product, Business Model and/or technology has recognizable competitive advantages. Technologies should be unique and have high demand and margin potential.

· Intellectual Property: Patented, patent-pending or patentable technology or technologies.

· Community Driven - Entrepreneurs that have desire for long term engagement with their enterprise and local community

EDCO Ventures Invests In These Industries

• Biotechnology• Healthcare Services
• Clean Technology• Internet / Web Services
• Consumer Products and Services• Other
• Electronics / Instrumentation• Software

EDCO Ventures Invests In Companies That Have Reached The Following Milestones

Concept Only - Prototype Ready
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only

EDCO Ventures Invests In Companies With These Funding Needs

  • Pre-money Valuation: $25,000 - $2,000,000
  • Capital Seeking: $10,000 - $500,000
  • Previously Raised: $0 - $200,000

EDCO Ventures Expects Their Investments To Generate

  • Expected Revenue By Year 5: $2,000,000 - $20,000,000
  • Expected Returns: 10x Investment - 15x Investment
  • Expected Years to Exit: 5 Years - 10 Years
  • Expected Years to Break Even: 3 Years - 5 Years

EDCO Ventures Investment Portfolio

Last 12 Months
Regenevita - Stematix FundedRegenevita - StematixMediaStove FundedMediaStoveCherry Fusion FundedCherry FusionPikluk FundedPikluk

Ask to Join as an Investor

Are you an accredited investor? Ask to join EDCO Ventures by filling out their Membership Application.